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Earlier today, during a visit to Oslo, Brazil’s president, Michel Temer, met Norway’s prime minister, Erna Solberg. After the meeting, Solberg said, “If preliminary figures about deforestation in 2016 are confirmed, it will lead to a reduced payout in 2017.” She added that Norway’s rainforest payments to Brazil are “based on results”.

From 26 to 28 May 2017, a meeting took place in Xapuri, in the state of Acre, Brazil. The meeting brought together Apurinã, Huni Kui, Jaminawa, Manchineri and Shawadawa indigenous peoples, representatives of traditional communities, rubber tappers, academics and supporting organisations. The meeting’s theme was, “The effects of environmental / climatic policies on traditional populations”.

The Juma Sustainable Development Reserve covers an area of 589,612 hectares in the municipality of Novo Aripuanã, in the state of Amazonas, Brazil. On its website, the project developer Fundação Amazonas Sustentável states that, “FAS is committed to protect forests and improving the life quality of people that live there”.

On 29 November 2016, Brazil’s National Institute for Space Research (INPE) released its estimate of deforestation in the Brazilian Amazon for the period August 2015 to July 2016. It’s not good news. Deforestation increased by 29% compared to the previous year.

In 2014, Brazil’s deforestation rate was reported to be about 75% below the average for 1996 to 2005. But in recent years, Brazil’s deforestation rate has been going back up, despite the fact that the country is going through its worst recession in decades.

Yesterday, the World Bank’s private sector arm, the International Financial Corporation launched a US$152 million bond aimed at supporting REDD and carbon trading. The deal demonstrates just about everything that’s wrong with REDD.

The Surui REDD project is under attack. Despite the fact that the Surui’s forest is an Indian Reservation (and a REDD project), hundreds of miners and loggers are invading the land, leaving destruction in their wake.

“The aim of reducing the emissions from forest destruction and degradation caused by industrial agriculture, logging, mining for fossil resources, etc. is today decisive to the survival of humankind and our planet. However, when the tool to achieve this aim is the trading of emission credits (offsets), we arrive at the wrong solutions.”

Michael Schmidlehner is a researcher, NGO founder and climate justice activist in Rio Branco, capital of the Brazilian state of Acre. He submitted this Guest Post about a forthcoming ayahuasca conference in Acre.

Between 2009 and 2013, a UK-based company called Industry RE fleeced members of the public out of at least £13.3 million. Last week, the Insolvency Service announced that Ian James Hamilton, the sole director of Industry RE, had been disqualified as a director for 15 years.

A few weeks ago, REDD-Monitor received an email offering 345 million carbon credits for sale. A company based in Malta called MED Investment Operations is offering carbon credits from a REDD project in Brazil and them for sale at US$6.80 each. This post, the third in a series of posts about this incredible offer, looks at the company supposedly running the REDD project: MidiaGeo.

Two weeks ago, REDD-Monitor received an email offering 345 million carbon credits for sale. The carbon credits were from a REDD project in Brazil and a company based in Malta called MED Investment Operations is offering them for sale at US$6.80 each. Last week, I wrote about the companies in Malta behind this incredible offer: MED Investment Operations and The Equivest Alliance.

Last week, REDD-Monitor received a message from Boniface Mburaburirwe asking whether I have any buyers for carbon credits. I suspect Mburaburirwe hasn’t read much on REDD-Monitor, particularly not the series of posts about scam artists selling carbon credits to unsuspecting members of the public as investments.